Weekly Legacy Planning Tips

Weekly Legacy Planning Tips

January 22, 2024

Your Life, Your Legacy

Trivia Question❓

In the field of legacy planning, what famous Australian magnate transferred his wealth to a charitable foundation with the goal of distributing it to various causes after his demise?

Answer at the bottom of the newsletter

Tip Of The Week

Create a legacy planning checklist to keep track of important documents and assets.


This will help ensure that your loved ones have easy access to everything they need when the time comes.

  • Legacy planning is not just about money and assets. While many people associate legacy planning with financial matters, it also involves passing down important values, wisdom, and life lessons to future generations. It includes preserving family stories, traditions, and cultural heritage.


  • Legacy planning can be done at any stage of life. Contrary to popular belief, legacy planning is not restricted to older adults or those nearing the end of their lives. It is never too early to start planning for your legacy. Whether you're in your 20s or your 60s, you can begin shaping and documenting what you want to leave behind for others.


  • Legacy planning can foster a sense of purpose and fulfillment. Engaging in legacy planning can provide individuals with a sense of meaning and purpose, as it allows them to reflect on their values, goals, and what truly matters to them. It can bring a deep sense of satisfaction and fulfillment to individuals knowing that they have made a positive impact on future generations.


💡 Answer to Trivia Question:

The famous Australian magnate who transferred his wealth to a charitable foundation for distribution after his death is Andrew "Twiggy" Forrest.